Differential Brands Group Inc. Announces Appointment of Tom Nevell as
Executive Vice President of Business Development

November 28, 2016 04:05 PM Eastern Standard Time

LOS ANGELES--(BUSINESS WIRE)--Differential Brands Group Inc. (the “Company”)
(NASDAQ:DFBG) today announced the appointment of Tom Nevell as Executive
Vice President of Business Development, effective November 28, 2016.
Based in Seattle, he will report to Michael Buckley, Chief Executive
Officer, and be responsible for expanding the Company’s Robert Graham,
Hudson and SWIMS brands with strategic partners.

Mr. Nevell has more than 22 years of experience in the retail industry.
He spent over 20 years in various roles within the Nordstrom
organization, most recently as Brand Manager of Men’s Clothing and
Furnishings, where he was responsible for brand design and product
development, as well as sales. Mr. Nevell also held a variety of
management positions within Nordstrom including Retail Director of Men’s
Sportswear, Divisional Merchandise Manager for Men’s, and Store Manager
at Mall of America. Mr. Nevell holds a B.A. from Northern Illinois
University.

Mr. Buckley commented, “We are delighted to welcome Tom to the
Differential Brands team. Tom is a talented merchant with extensive
retail industry experience. He brings a wealth of knowledge to our
company, particularly in merchandising, buying, and strategic business
development, which will be invaluable to Differential Brands’ growth.
Importantly, he has a long track record of success at Nordstrom, and we
believe he will provide strong brand guidance for our Robert Graham,
Hudson, and SWIMS businesses. I look forward to working closely with Tom
as we further focus our efforts on the wholesale relationships to grow
our businesses over the long-term.”

Mr. Nevell said, “I am excited to be joining the Differential Brands
team and to be working with the strong teams at Robert Graham, Hudson,
and SWIMS. I believe there is an opportunity to achieve meaningful
growth in each of these premium brands as we expand our presence in
North America.”

About Differential Brands Group

Differential Brands Group Inc. (NASDAQ: DFBG) is a platform that focuses
on branded operating companies in the premium apparel, footwear and
accessories sectors. Our focus is on organically growing our brands
through a global, omni-channel distribution strategy while continuing to
seek opportunities to acquire accretive, complementary, premium brands.

Our current brands are Hudson®, a designer and marketer of women’s and
men’s premium, branded denim and apparel, Robert Graham®, a
sophisticated, eclectic apparel and accessories brand seeking to inspire
a global movement, and SWIMS®, a Scandinavian lifestyle brand best known
for its range of fashion-forward, water-resistant footwear, apparel and
accessories. For more information, please visit Differential's website
at: www.differentialbrandsgroup.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. The matters discussed in this news release involve
estimates, projections, goals, forecasts, assumptions, risks and
uncertainties that could cause actual results or outcomes to differ
materially from those expressed in the forward-looking statements. All
statements in this news release that are not purely historical facts are
forward-looking statements, including statements containing the words
“may,” “will,” “expect,” “anticipate,” “intend,” “estimate,” “continue,”
“believe,” “plan,” “project,” “will be,” “will continue,” “will likely
result” or similar expressions. Any forward-looking statement inherently
involves risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements. Factors that
would cause or contribute to such differences include, but are not
limited to: the anticipated benefits of the RG Merger and acquisition of
SWIMS on the Company’s financial results, business performance and
product offerings; the Company’s ability to successfully integrate the
Company’s brands and realize cost savings and any other synergy; the
risk that the credit ratings of the combined company or its subsidiaries
may be different from what the Company expects; continued acceptance of
our product, product demand, competition, capital adequacy, general
economic conditions and the potential inability to raise additional
capital if required; the risk that the Company will be unsuccessful in
gauging fashion trends and changing customer preferences; the risk that
changes in general economic conditions, consumer confidence, or consumer
spending patterns will have a negative impact on the Company’s financial
performance; the highly competitive nature of the Company’s business in
the United States and internationally and its dependence on consumer
spending patterns, which are influenced by numerous other factors; the
Company’s ability to respond to the business environment and fashion
trends; continued acceptance of the Company’s brands in the marketplace;
and other risks. The Company discusses certain of these factors more
fully in its additional filings with the SEC, including its annual
report on Form 10-K for the fiscal year ended November 30, 2015 and
subsequent quarterly reports on Form 10-Q filed with the SEC, and this
release should be read in conjunction with those reports, together with
all of the Company’s other filings, including current reports on Form
8-K, through the date of this release. The Company urges you to consider
all of these risks, uncertainties and other factors carefully in
evaluating the forward-looking statements contained in this release.

Any forward-looking statement is based on information current as of
the date of this document and speaks only as of the date on which such
statement is made, and the Company undertakes no obligation to update
these statements to reflect events or circumstances after the date on
which such statement is made. Readers are cautioned not to place undue
reliance on forward-looking statements.